The leading M&A advisorGlobal reach and insightDistinctive sector knowledgeIt’s all about trust

Deloitte Corporate Finance Denmark

In Deloitte Corporate Finance, we provide M&A advisory to company owners, entrepreneurs and private equity clients. In close dialogue with our client, we handle every strategic, financial and tactical aspect of the process when either buying or selling a company.

We handle all the intensive workloads from the initial considerations to a successful sale

Sell-side advisory

Early Considerations

Reflections of a sale often arise from a shift in generations of the founding family or with the purpose of finding a partner to support future growth through experience and financial resources. An early dialogue helps to clarify motives and expectations for a potential sale. We assess the best possible exit strategy and design a customised process based on our client’s preferences.

Internal Preparations

Preparing a company for a potential sale includes a discussion and review of business plan, growth opportunities and potential areas of improvement. This in close dialogue with both seller and management team. A thorough financial and commercial analysis can further strengthen the company in a transaction and is carried out in close collaboration with other advisers.

Identification of Investors

The number of investors entering into dialogue within a sales process is based on a range of important considerations. We identify all relevant investors, both globally and locally, based on strategic fit, corporate culture, the ability to finance the investment, etc. Together, we decide on the appropriate strategy for a successful sale.

Preparation of Sales Materials

The sales material is the first impression potential investors have of the company, which is why quality is essential. The material is prepared by us in close collaboration with the management team and highlights the key selling points of the company. Potential investors are provided sufficient information to submit indicative offers while ensuring that sensitive information is not exposed.

MarketContact

We handle all investor dialogues from the initial contact to the final negotiations. Essentially, it is important for the seller to connect with the relevant counterparties to discuss the future of the company. We prepare both seller and management team on relevant topics and make sure that they are well prepared for the dialogue.

Negotiation and Final Agreement

We evaluate individual offers in close dialogue with our client and negotiate on their behalf. A successful sale is obtained when finding the best possible partner for the future journey of the company while securing an attractive price and favourable terms for the seller.

Reflections of a sale often arise from a shift in generations of the founding family or with the purpose of finding a partner to support future growth through experience and financial resources. An early dialogue helps to clarify motives and expectations for a potential sale. We assess the best possible exit strategy and design a customised process based on our client’s preferences.

Preparing a company for a potential sale includes a discussion and review of business plan, growth opportunities and potential areas of improvement. This in close dialogue with both seller and management team. A thorough financial and commercial analysis can further strengthen the company in a transaction and is carried out in close collaboration with other advisers.

The number of investors entering into dialogue within a sales process is based on a range of important considerations. We identify all relevant investors, both globally and locally, based on strategic fit, corporate culture, the ability to finance the investment, etc. Together, we decide on the appropriate strategy for a successful sale.

The sales material is the first impression potential investors have of the company, which is why quality is essential. The material is prepared by us in close collaboration with the management team and highlights the key selling points of the company. Potential investors are provided sufficient information to submit indicative offers while ensuring that sensitive information is not exposed.

We handle all investor dialogues from the initial contact to the final negotiations. Essentially, it is important for the seller to connect with the relevant counterparties to discuss the future of the company. We prepare both seller and management team on relevant topics and make sure that they are well prepared for the dialogue.

We evaluate individual offers in close dialogue with our client and negotiate on their behalf. A successful sale is obtained when finding the best possible partner for the future journey of the company while securing an attractive price and favourable terms for the seller.

Buy-side advisory

Our team of dedicated M&A professionals advises on the strategic important decision when a client is looking to acquire a minority or majority stake in a company.

We have extensive experience from both sell and buy-side advisory, which enables us to provide the best possible bid and response tactics throughout the bidding process and final negotiations. Based on our distinctive sector knowledge we thoroughly analyse and value the acquisition target and potential synergies. This approach also supports an early identification and resolution of potential issues.

Strategic acquisitions can take a company to new heights by improving, extending or transforming the current business. We assist our clients in developing, prioritising and executing a solid M&A strategy. Our global reach and insight is valuable in identifying and initiating the dialogue with attractive acquisition targets.

Our business model is based on trust and has resulted in long-term client relationships.

Transactions

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TivoliCasino.dk

Acquired by Danske Spil

Advised Danske Spil in the acquisition of the activities relating to TivoliCasino.dk

2019

Ball Group (Zizzi)

Sold to Findos Investor

Advised Axcel in the sale of Ball Group (Zizzi) to Findos Investor

2019

European Sperm Bank

Sold to Axcel

Advised the owners of European Sperm Bank in the sale to Axcel

2019

Netteam

Acquired by GlobalConnect/Broadnet

Advised GlobalConnect/Broadnet in the acquisition of Netteam

2019

Mobilhouse

Sold to Adelis

Advised the owner of Mobilhouse in the sale to Adelis Equity Patners

2019

STENHØJ Group

STENHØJ GROUP sold to Nexion S.p.A.

Advised the Dyøe family in the majority sale of STENHØJ GROUP to Nexion S.p.A.

2019

Rekom

Sold to Catacap

Advised the shareholders of Rekom Group in the sale to Catacap

2018

Kähler

Acquired by Rosendahl

Advised Rosendahl in the acquisition of Kähler

2018

Stjernegaard Rejser

Sold to Aller Leisure A/S

Advised Stjernegaard Rejser in the sale to Aller Leisure A/S

2018

DKI Plast

Sold to KB Components

Advised the Nielsen family in the sale of DKI Plast s.r.o. to KB Components

2018

Roblon

Investment in the wind turbine industry

Advised Roblon A/S in the acquisition of production assets for the supply of parts to the wind turbine industry

2018

Norsafe

Acquired by Viking Life Saving Equipment

Advised Viking Life Saving Equipment in the acquisition of Norsafe

2018

Gorm's

Sold to Orkla ASA

Advised the founders of Gorm's in the sale to Orkla ASA

2018

P. Hermansen

Sold to Bravida

Advised P. Hermansen in the sale to Bravida

2018

Dinex

Sold to 3C Groups

Advised Dinex in the partnership agreement with 3C Groups

2018

Hotel City

Sold to Secure Fondsmæglerselskab

Advised the shareholders of Hotel City in the sale to Secure Fondsmæglerselskab

2018

Roblon Engineering

Sold to Erhvervsinvest

Advised Roblon A/S in the carve-out and concurrent sale of the majority of Roblon Engineering to Erhvervsinvest

2018

Søgemedier

Sold to Adelis

Advised Søgemedier in the sale to Adelis Equity Partners

2018

Elite Miljø

Sold to Coor

Advised Elite Miljø in the sale to Coor

2018

Geia Food

Sold to Credo Partners

Advised Geia Food in the sale to Credo Partners

2017

Nykredit

Fairness Opinion to Forenet Kredit

Fairness Opinion to Forenet Kredit in the sale of a minority stake to a consortium led by PFA

2017

Fitness World

Acquired by FSN

Advised FSN Capital in the acquisition of Fitness World

2015

Nianet

Acquired by EQT and GlobalConnect

Advised EQT and GlobalConnect in the acquisition of Nianet

2017

GlobalConnect

Sold to EQT

Advised GlobalConnect in the sale to EQT Infrastructure

2016

Oase Outdoors

Sold to Ratos

Advised Oase Outdoors in the sale to Ratos

2016

ferm LIVING

Sold to Vendis

Advised ferm LIVING in the sale to Vendis Capital

2016

Sondex

Sold to Danfoss

Advised Sondex in the sale to Danfoss

2016

Icotera

Sold to Maj Invest

Advised Icotera in the sale to Maj Invest

2017

JKF Industri

Sold to Groupe SFPI

Advised Maj Invest in the divestment of JKF Industri to Groupe SFPI

2017

Nygart

Sold to Akademikliniken

Advised Nygart in the sale to Polaris’ portfolio company Akademikliniken

2016

V2 Tobacco

Sold to Swedish Match

Advised V2 Tobacco in the sale to Swedish Match

2017

dominus

Sold to Nordomatic

Advised TREFOR in the divestment of dominus to Adelis Equity Partners’ portfolio company Nordomatic

2016

Nordtronic

Sold to SLV

Advised Nordtronic in the sale to SLV

2016

Arepa

Sold to Envista Forensics

Advised Arepa in the sale to Envista Forensics

2017

Netcompany

Acquired by FSN

Advised FSN Capital in the acquisition of Netcompany

2015

NKT Cables (APAC)

Sold to Srising Technology

Advised NKT Cables APAC in the sale to Srising Technology

2016

Digizuite

Acquired by EWII

Advised EWII in the acquisition of Digizuite

2017

Jørgen Kruuse

Sold to Henry Schein

Advised Jørgen Kruuse in the sale to Henry Schein

2015

GPV International

Sold to Schouw & Co

Advised GPV International in the sale to Schouw & Co

2016

Covidence

Sold to Montagu

Advised Covidence in the sale to Montagu Private Equity

2015

EET Europarts

Acquired by FSN

Advised FSN Capital in the acquisition of EET Europarts

2015

Stauning Whisky

Sold to Diageo

Advised Stauning Whiskey in the sale of shares to Diageo

2015

DEAS

Acquired by Montagu

Advised Montagu Private Equity in the acquisition of DEAS

2015

Norrecco & City Container

Acquired by Agilitas

Advised Agilitas in the acquisition of Norrecco & City Container

2015

Pitzner

Sold to CataCap

Advised Pitzner Materiel in the sale to CataCap

2015

LauRie

Sold to Industri Udvikling

Advised LauRie in the sale to Industri Udvikling

2015

Cabinplant

Sold to CTB, a subsidiary of Berkshire Hathaway

Advised Cabinplant in the sale to CTB (subsidiary of Berkshire Hathaway)

2016

Solar Deutschland

Sold to Sonepar

Advised Solar Group in the divestment of Solar Deutschland to Sonepar

2015

Pagunette

Sold to Leaf Holding

Advised Pagunette in the sale to Leaf Holding

2015

Tican

Sold to Toennies

Advised Tican in the sale to Toennies Lebensmittel

2015

Maersk Broker Agency

Acquired by Shipping.dk

Advised Shipping.dk in the acquisition of Maersk Broker Agency

2015

USAtours

Sold to TemaTours

Advised USATours.dk in the sale to TemaTours

2015

WindowMaster

Acquired by Erik Boyter

Advised Berkshire Boyter Holding in the acquisition of WindowMaster from VKR Holding

2015

Prime Cargo

Sold to Mitsui-Soko

Advised Prime Cargo in the sale to Mitsui-Soko Group

2015

Østjydsk Bank, Randers & Gjerlev branches

Sold to Jutlander Bank

Advised Østjydsk Bank in the sale of branches in Randers and Gjerlev to Jutlander Bank

2015

Nørresundby Bank

Sold to Nordjyske Bank

Advised Nordjyske bank in the rights issue & the public takeover of Nørresundby Bank

2015

Bazoom

Sold to NORDJYSKE Medier

Advised Bazoom in the sale to NORDJYSKE Medier

2015

Itplaneten

Sold to C2IT

Advised Itplaneten in the sale to C2IT

2015

Ciconia

Sold to Privathospitalet Mølholm

Advised Ciconia in the sale to Privathospitalet Mølholm

2014

Kartoffel-Kompagniet

Sold to Wernsing Feinkost

Advised Kartoffel-Kompagniet in the sale to Wernsing Feinkost

2014

NGI

Sold to Adelis

Advised NGI in the sale to Adelis Equity Partners

2014

CEGO

Sold to Danske Spil

Advised Danske Spil in the acquisition of CEGO

2014

Lyngsoe Systems

Sold to CataCap

Advised Lyngsoe Systems in the sale to Catacap

2014

Previa

Sold to Falck

Advised TryghedsGruppen in the sale of Previa to Falck

2014

Quick Care

Sold to Falck

Advised TryghedsGruppen in the sale of Quick Care to Falck

2014

Arhus Charter

Sold to Primo Tours

Advised Århus Charter in the sale to Primo Tours

2014

Tvilum

Sold to Revolution

Advised Masco in the divestment of Tvilum to Revolution

2013

DiBa Bank

Sold to Sydbank

Advised DiBa Bank in the public takeover by Sydbank

2013

Nyhavn Rejser

Sold to Aller Media

Advised Nyhavn Rejser in the sale to Aller Media

2013

ABC Mokka

Sold to Miko

Advised ABC Mokka in the sale to Miko Coffee

2013

Sahva

Sold to Management

Advised TryghedsGruppen in the sale of Sahva to the management of Sahva

2013

Team Online

Sold to EG

Advised Team Online in the sale to EG

2014

Sport-Master

Sold to Nordic Capital

Advised Sport-Master in the sale to Nordic Capital

2012

IDdesign

Sold to Jysk

Advised Axcel in the sale of IDdesign to Jysk

2013

ISS Document

Sold to Post Danmark

Advised ISS Document in the sale to Post Danmark

2013

Welltec

Sold to PFA Pension

Advised Welltec on the private placement of shares to PFA Pension

2013

Rutebilselskabet Haderslev

Sold to Tide

Advised Tide in the acquisition of Rutebilselskabet Haderslev

2013

Aurora

Sold to Deltaco

Advised Solar Group in the divestment of Aurora Group to Deltaco

2013

EMT Nordic

Sold to SE Blue Equity

Advised SE Blue Equity in the acquisition of EMT Nordic

2013

Syddanske Medier

Sold to Den Sydvestjydske Venstrepresse

Advised Den Sydvestjydske Venstrepresse in the acquisition of Syddanske Medier from Berlingske Media

2013

Independent stores

Sold to Matas A/S

Advised the independent store owners in the sale to Matas A/S

2016

Højbjerg Maskinfabrik

Advised Højbjerg Maskinfabrik in the evaluation of strategic opportunities and debt refinancing

Career

We are looking for talented people, who strive to make an impact that matters

Deloitte Corporate Finance is the leading Danish M&A adviser and we have an increasing high level of activity. As employee, whether straight out of school or experienced, this forms the best possible foundation of obtaining M&A experience from day one.

We offer a unique career opportunity with highly competent colleagues, a steep learning curve and the opportunity of taking your career from learning to leadership. Expect international exposure through interaction with colleagues, clients and potential investors across the world.

Having fun at work is an important part of our culture, as we believe it fosters stronger team spirit and happy employees. Our working environment is characterised by a high degree of involvement and interaction across all levels of seniority on every project.

We continue to expand our footprint in the Nordic M&A market, which is why we are always looking for ambitious and talented individuals with a strong drive to join our team. Open positions and events will be posted here and at our LinkedIn.

I joined Deloitte Corporate Finance in August 2016 after graduating from Aarhus University with a degree in Quantitative Economics. During my time at Aarhus University, I participated in several case competitions and was actively engaged in the associative life, which laid the foundation for pursuing a career in Corporate Finance.

I cannot think of a place where I can learn and experience as much as I do here at Deloitte Corporate Finance

I chose Deloitte Corporate Finance because of the array of interesting projects, the quality of the people and the opportunities for personal development. Further, I wanted to work for a Corporate Finance company in Denmark with global presence and have the prospect of working across several industries. So far, I have worked on both small and large projects in Food & Beverages, Retail and Industrial Manufacturing. I have been challenged by and learned from both clients and colleagues and continues to be on a steep learning curve. I have enjoyed every aspect of all the projects I have worked on. When thinking of career options I cannot think of a place where I can learn and experience as much as I do here at Deloitte Corporate Finance.

Nikolaj Kirkegaard

M&A and Corporate Finance was a profound interest of mine during my studies at Copenhagen Business School. I obtained early experience with M&A from a relevant student position as well as an internship in a private equity fund in Africa. This fuelled my interest for the field. After graduating with a master in Finance and Strategic Management, I successfully applied to start my career in Deloitte Corporate Finance.

You are exposed to the top management of the client’s company on their most vital strategic initiatives

To me Corporate Finance offers a unique and highly interesting cross-field between finance and strategy. When working at Deloitte Corporate Finance you are exposed to the top management of the client’s company on their most vital strategic initiatives. Mixed with highly competent and socially open colleagues, every workweek is different, fun and challenging. Project teams are small so every team member is expected to contribute, but never without the support and guidance of your Project Manager. I feel lucky to have started my career in an environment as fun and interesting as Deloitte Corporate Finance and look forward to develop continuously through new intriguing projects.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.